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PAGCor's Gaming Revenue Revival in Q3 Impressive

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The Philippine gaming regulator has reportedly announced that total gaming revenue for the third quarter exceeded initial expectations, more than doubling year-on-year to approximately $3 million.

Inside Asian Gamingの日曜版レポートによると、フィリピンアミューズメント&ゲーミングコーポレーション(PAGCor)の最新の数字は、昨年第3四半期に記録した1億2230万ドルを約103.5%上回り、最新の第2四半期の約2億3090万ドルを約7.8%上回ったとのことです。情報筋によると、この改善は、2年以上にわたるコロナウイルス関連の混乱から、アジア諸国のゲーム産業が回復を続けており、64,000人以上の地元住民の死亡を包含していることを強調した。

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Environmental arrangement

In addition to serving as the official land and online gaming regulator of the Philippines, PAGCor has approximately 30 games offered through six Casino Filipino branded properties in addition to approximately 6 satellite properties spread throughout the Philippine archipelago. The table and is reportedly responsible for about 2000 slots.Former corporate boss Andrea Domingo has reportedly said the ongoing easing of coronavirus-linked capacity numbers, social distancing and public health restrictions could further contribute to the country's coffers. , detailed in April that it was helping state-owned operators in improving their earnings.

modern leadership

In August, Philippine new president Ferdinand 'BonBon' Marcos Jr. reportedly named his close friend Alejandro Tenco as the next chairman and chief executive officer of PAGCor.The move comes about six months after the country of 8 million people began opening its borders to foreign tourists at the same time as it lifted a number of coronavirus-related lockdown restrictions.

Cumulative loss amount

9月末までの9ヶ月間、PAGCorは、ゲーミング収入が前年同期比75.8%増の6億7330万ドル強となり、予算管理省に提出した以前の見積もりを5.9%上回ったと報告された。これは、この期間の企業の総収入を73.5%増の約7億2700万ドルに押し上げると同時に、関連利益を1,790%増の約5980万ドルに改善したとされています。

public benefits

PAGCors are required by law to contribute at least half of their gross income in federal taxes, and are required to make various subsidies and donations.The state operator's latest results show it has injected as much as $3 million in taxes since the beginning of the year, a 8620 percent increase from previous estimates.

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